Ohio

City Council gave approval to Mayor Frank Jackson's administration to borrow more than $156 million for capital improvements, including a new police station and equipment to make Cleveland's streets safer.

Ohio Higher Educational Facility Commission will issue $105 million of tax-exempt revenue bonds on behalf of Case Western Reserve University.

FirstEnergy Corp. has reached a settlement with bond holders of pollution control notes issued by its bankrupt subsidiary FirstEnergy Solutions.

Northeastern voters will go back to the polls May 8 to decide whether to support $119 million in new schools in the district.

The mayor's financial team is using the $10 million loan to settle a $6.6 million "dispute" with the school district.

The university plans to price $118 million of new money and refunding bonds this week, and to close the refunding deal in September.

About $25 million will come from bonds secured by the city’s share of county hotel tax revenue and tax increment financing.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.

Moody's took action on four Ohio colleges, which still benefit from a state enhancement program that Moody’s affirmed at Aa2.

Franklin County is set to receive the biggest chunk of funding with roughly $135 million.

Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.

The merger would create the fifth-largest Catholic health system in the country.

Northeastern Local Schools will go back on the ballot May 8 to ask voters to approve new buildings that will cost more than $117 million.

Ohio businessman Dan Slane said his list of 50 emergency and national security projects is "going nowhere."

The Ohio Turnpike and Transportation Commission is selling $72 million of senior-lien bonds and $415 million of junior-lien bonds.

The "transformative" effect of landing the second Amazon headquarters is likely to help the economy of the winning government, according to S&P.

Sometime this spring, a gaping hole will appear in the top floor of the PNC Building where a row of windows now looks 300 feet down on Cascade Plaza.

MetroHealth is looking to partner for growth, saying it is in the best position to partner with another system.

Last year, Cuyahoga County discovered $36 million from a 2014 bond sale that officials had somehow overlooked for years and that needed to be spent by the end of the year.

It's a sure thing that within two years, the Worthington Board of Education will ask for a bond issue to begin to deal with cramped, aging buildings.